UCS - UCS Group Limited - Exercise of Options by D
UCS
UCS
UCS - UCS Group Limited - Exercise of Options by Directors
UCS Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/002253/06)
JSE code: UCS
ISIN: ZAE000016150
("UCS")
EXERCISE OF OPTIONS BY DIRECTORS
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
UCS advises that options on shares have been exercised by executive directors as
follows:
1. Name of director: NA Michelson
Date exercised: 6 September 2007
Number of options exercised: 250 000
Option strike price: 60 cents
Total value: R150 000
Option issue date: 1 April 2003
Class of security: Ordinary shares
Interest in transaction: Direct beneficial
Clearance obtained in terms of
paragraph 3.66: Yes
2. Name of director: DC Sparrow
Date exercised: 6 September 2007
Number of options exercised: 125 000
Option strike price: 62 cents
Total value: R77 500
Option issue date: 30 April 2003
Class of security: Ordinary shares
Interest in transaction: Direct beneficial
Clearance obtained in terms of
paragraph 3.66: Yes
The directors will continue to hold the ordinary shares issued in respect of the
options exercised.
Johannesburg
7 September 2007
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 07/09/2007 12:40:01 Produced by the JSE SENS Department.
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